Apr
16

Foreclosures up Nearly 34% Across S.C. – Twice the National Average

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– scbiznews.com

Foreclosures were up 33.7% across South Carolina in the first quarter of 2010 compared to the same period last year, according to data released this morning from a national real estate tracking firm.

RealtyTrac’s monthly and quarterly U.S. Foreclosure Market Report showed a 16% increase across the U.S. from the first quarter of 2009 and a 7% increase from the fourth quarter of 2009. The numbers show homes that are in a state of distress, which could be receiving the first notice of default to an actual repossession by a bank.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.gsabusiness.com/news/33811-foreclosures-up-nearly-34-across-s-c

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    Categories : South Carolina News

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